TFSA supports the advancement of this emerging industry in South Africa by focusing on the development of guidelines and manufacturing processes. This will help streamline local production of goods associated with green technology and renewables, clarifying local content designations and duty exemptions for imported parts required for manufacturing. In addition, high potential markets for export are identified – including exploring easy-access markets in Sub-Saharan Africa – through opportunity and risk matrixes. With clear guidelines and identification of market opportunities, South African manufacturers can increase their competitiveness against China and other major industry players.
TFSA priority areas within green technology and renewables include local designation, duty exemption and Sub-Saharan African market requirements, as well as local content designations and duty exemptions on manufacturing of renewable energy components.
BSO partners in the Green Technology and Renewables sector
There is a huge opportunity for South African suppliers to cater to the growing renewable-energy market in sub-Saharan Africa (SSA), particularly if they establish themselves
Africa is one of the most vulnerable regions to the impacts of climate change (African Development Bank Group, COP 25, December 2019) despite having relatively
Namibia, a country of abundant wind and sun, has ambitions to be one of Africa’s first green hydrogen export hubs.
Listed food manufacturing company, RFG Holdings says it is investing in renewable energy infrastructure to reduce the impact of load shedding and related water supply
The Deputy Minister of Trade, Industry and Competition, Mr Fikile Majola, says new export opportunities that are emerging from the disruption in the global supply chains caused mainly by Covid-19 need to be fully utilised by South African businesses and other investment partners.